
Deepa Jewellers IPO
DEEPA
Last updated on 24/10/2026 | 07:00 IST
Deepa Jewellers IPO is a book built issue of ₹1,85,20,085 crores. The issue is entirely an offer for sale. The subscription opens on 01 Sep '26 and closes on 03 Sep '26, with the basis of allotment expected to be finalised on 04 Sep '26. The shares are scheduled to list on NSE with a tentative listing date fixed for 08 Sep '26. The price band is set at ₹168 to ₹177 per share with a minimum lot size of 84 shares. Emkay Global Financial Services Ltd. and Valmiki Leela Capital Pvt.Ltd. are the book-running lead managers, while Bigshare Services Pvt.Ltd. is the registrar of the issue; for detailed information, refer directly to the official Deepa Jewellers IPO RHP.
Free Demat with Zero AMC*
+ Free 1st Year AMC
Deepa Jewellers IPO Dates & Details
Open Date
01 Sep '26
Close Date
03 Sep '26
Allotment Date
04 Sep '26
Refund Date
07 Sep '26
Listing Date
08 Sep '26
Price Range
₹168 - ₹177
Min Investment
₹14,868
Lot Size
84
Listing at
NSE
IPO Document
Deepa Jewellers IPO Subscription Breakdown
| Investory Category | Subscription Percentage | Amount Raised (₹ Crores) |
|---|---|---|
| Qualified Institutional Buyers (QIBs) | 50% | 92,60,042.5 crores |
| Non-Institutional Investors (NIIs) | 15% | 27,78,012.75 crores |
| Retail Individual Investors (RIIs) | 35% | 64,82,029.75 crores |
About Deepa Jewellers Ltd IPO
Incorporated in 2016, Deepa Jewellers Limited is an organised B2B designer, processor and supplier of hallmarked 22-karat gold jewellery, primarily serving jewellery retail chains and standalone stores, with a significant presence in Southern India. The Company has a presence across Telangana, Karnataka, Andhra Pradesh, Tamil Nadu and Kerala, with its customer network extending across 13 states and 1 Union Territory in India.
The Company designs and supplies a diverse range of plain gold and precious-stone studded jewellery, including traditional and contemporary products such as vaddanam, CNC machine-cut bangles, gents kada, vanky, kangan, earrings, necklaces, rings and bracelets. As of July 31, 2026, its portfolio comprised 16 product categories and 110 SKUs, enabling it to cater to varied customer preferences and price points.
The Company follows an asset-light outsourced manufacturing model, supported by a network of 41 karigars, providing flexibility and scalability while limiting the need for significant manufacturing infrastructure.
As of July 31, 2026, its customer network comprised 373 customers, including 47 jewellery retail chains and 326 standalone stores.
The Company's finished gold jewellery is hallmarked in accordance with applicable regulatory standards.
The Company also uses a third-party mobile application, “Deepa Jewellers Limited”, commissioned in June 2021, to enhance brand visibility and provide customers with access to information and high-resolution images of selected jewellery designs.
Deepa Jewellers IPO Strengths & Weaknesses
Established presence across key southern Indian markets, supported by relationships with jewellery retail chains and standalone stores.
Long-standing relationships with jewellery retail chains and standalone stores, with 373 customers as of July 31, 2026, comprising 47 retail chains and 326 standalone stores.
Wide range of gold jewellery across varied designs, weight ranges and karat specifications, with a focus on vaddanam and CNC machine-cut bangles.
Led by an experienced management team supported by professionals with expertise across marketing, corporate governance, accounting, retail and finance.
Significant dependence on vaddanam and CNC machine-cut bangles exposes the Company to demand fluctuations and order cancellations.
A substantial portion of revenue is generated from Southern India, exposing the Company to regional economic and market conditions.
Dependence on gold bullion exposes the Company to price volatility, supply constraints and changes in factors such as foreign exchange rates, import duties and regulatory conditions.
Failure to maintain required quality standards and controls could result in order cancellations and adversely affect business and financial performance.
Deepa Jewellers IPO Issue Details
| Issue Composition: | |
|---|---|
| Face Value | ₹2 per share |
| Total Issue Size | 1,85,20,085 shares (aggregating up to ₹14,868 crores) |
| Fresh Issue | 0 shares (aggregating up to To be announced) |
| Offer for Sale | 59,24,170 shares of ₹2 (aggregating up to ₹1,18,48,340 crores) |
| Issue Type | Book Building IPO |
| Post-Issue Shareholding Pattern: | |
|---|---|
| Pre-Issue Shareholding | shares |
| Post-Issue Shareholding | 0 shares |
Deepa Jewellers IPO Shares
| Minimum Shares | Maximum Shares |
|---|---|
| -- | -- |
The lot size of Deepa Jewellers ipo has been designed to ensure broad participation while maintaining optimal price discovery.
How to Apply for Deepa Jewellers IPO
- Log in to your Choice account
- Select IPO
- Enter the number of lots and your price
- Verify UPI ID
- Complete the transaction on your UPI app
Deepa Jewellers IPO Contact & Registrar Details
Contact Details
Address
Ground Floor And First Floor door no. 3- 6-343 & 344, Basheerbagh, Himayathnagar, Hyderabad
Phone Number
Website
Registrar Details
Registrar Name
Bigshare Services Pvt.Ltd.
Phone Number
Deepa Jewellers Lead Manager(s)
| Book Running Lead Manager(s) |
|---|
| Emkay Global Financial Services Ltd. | Valmiki Leela Capital Pvt.Ltd. |


